Getting the Story Straight on BTU
May 2, 2024
The Twitterati love to trash BTU management after earnings calls…but that’s because they don’t understand the story.
Tag: Peabody
Coal News & Price Data – April 11, 2024 – Analysts Issue More Upgrades & Downgrades
April 11, 2024
Citi has raised its rating on April 11 for Warrior Met Coal to ‘Buy’ from ‘Neutral’ and increased the target price to $75
Peabody Announces Preliminary First Quarter 2024 Results
April 11, 2024
Peabody Energy released preliminary financial results for the first quarter of 2024 today.
Technical Analysis Update
April 5, 2024
Herewith the monthly technical analysis update along with some quick commentary on each coal producer.
Demopolis Locks in Alabama to open May 30, 2024
April 4, 2024
The failed Demopolis Lock near the junction of the Tombigbee and Black Warrior rivers in Alabama is expected to reopen 30 May after repairs
Elliott off the Peabody Board
March 30, 2024
Peabody (NYSE: BTU) today filed its Proxy Statement for its 2024 Annual Meeting of Stockholders to be held on May 9, 2024
Met Producer Comps
March 20, 2024
Now that we’ve seen another annual rug pull in metallurgical coal markets, I thought it appropriate to revise forecasts and valuation comps
AES Will Convert Remaining Coal Units to Burn Natural Gas
March 19, 2024
A major Indiana utility said it’s preparing to switch its remaining coal-fired power plant to burn natural gas.
US coal miners expand production via investment in relatively new met coal mines
February 22, 2024
Metallurgical coal miners are chasing favorable prices and forging ahead with development and ramp-up plans for new mining projects
Arch Considers Sale of Wyoming Coal Mines
February 19, 2024
Arch disclosed this week that it’s considering “strategic alternatives” with its thermal coal assets, including the “potential divestiture”
PRB Coal Slips in 2023, Expected to Resume Long-Term Decline
February 19, 2024
Powder River Basin coal mines entered 2024 back on a downhill slope, as the long-term trajectory of industry resumed its decline…
Peabody Post-Earnings Thoughts
February 12, 2024
Peabody Energy is one of the more difficult coal names to wrap your arms around in terms of their segments and coal assets around the world